Tianjin Meiteng Technology Co (SHSE:688420) Days Inventory: 301.33 (As of Jun. 2026) — Near Median

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SHSE:688420 Tianjin Meiteng Technology Co Ltd SHSE:688420
81 GF Score
Price ¥20.50
GF Value ¥19.86
Valuation Fairly Valued
! 4 Warning Signs
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What is Tianjin Meiteng Technology Co Days Inventory?

Tianjin Meiteng Technology Co SHSE:688420 -4.92% 81 Days Inventory is 301.33 as of Jun. 2026, which is 8% above its 10-year median of 280.01. GuruFocus rates SHSE:688420 with a GF Score™ of 81/100 and a GF Value™ of ¥19.86 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,979 Industrial Products companies, Tianjin Meiteng Technology Co ranks worse than 89.66% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Tianjin Meiteng Technology Co's Average Total Inventories for the three months ended in Jun. 2026 was ¥223.7 Mil. Tianjin Meiteng Technology Co's Cost of Goods Sold for the three months ended in Jun. 2026 was ¥67.7 Mil. Hence, Tianjin Meiteng Technology Co's Days Inventory for the three months ended in Jun. 2026 was 301.33.

The historical rank and industry rank for Tianjin Meiteng Technology Co's Days Inventory or its related term are showing as below:

SHSE:688420' s Days Inventory Range Over the Past 10 Years
Min: 236.16   Med: 280.01   Max: 353.83
Current: 304.03

During the past 7 years, Tianjin Meiteng Technology Co's highest Days Inventory was 353.83. The lowest was 236.16. And the median was 280.01.

SHSE:688420's Days Inventory is ranked worse than
89.66% of 2979 companies
in the Industrial Products industry
Industry Median: 118.62 vs SHSE:688420: 304.03

Tianjin Meiteng Technology Co's Days Inventory increased from Jun. 2025 (206.24) to Jun. 2026 (301.33). It might indicate that Tianjin Meiteng Technology Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tianjin Meiteng Technology Co's Inventory Turnover for the three months ended in Jun. 2026 was 0.30.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Tianjin Meiteng Technology Co's Inventory-to-Revenue for the three months ended in Jun. 2026 was 2.38.


Tianjin Meiteng Technology Co  (SHSE:688420) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Tianjin Meiteng Technology Co's Inventory Turnover for the three months ended in Jun. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=67.743715715 / 223.708483925
=0.30

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Tianjin Meiteng Technology Co's Inventory to Revenue for the three months ended in Jun. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=223.708483925 / 94.0556679
=2.38

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Tianjin Meiteng Technology Co Days Inventory Related Terms


Tianjin Meiteng Technology Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Tianjin Meiteng Technology Co's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Tianjin Meiteng Technology Co Days Inventory Chart

Tianjin Meiteng Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial 347.39 324.01 249.19 235.96 247.23

Tianjin Meiteng Technology Co Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 206.24 250.48 308.78 319.63 301.33

SHSE:688420 vs GEV, ETN, PH: Days Inventory Comparison

For the Specialty Industrial Machinery subindustry, Tianjin Meiteng Technology Co's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tianjin Meiteng Technology Co Days Inventory vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tianjin Meiteng Technology Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Tianjin Meiteng Technology Co's Days Inventory falls into.


SHSE:688420
81GF Score
Tianjin Meiteng Technology Co Ltd SHSE:688420
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Tianjin Meiteng Technology Co Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Tianjin Meiteng Technology Co's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (219.45576114 + 225.5810188) / 2 ) / 328.5207287*365
=222.51838997 / 328.5207287*365
=247.23

Tianjin Meiteng Technology Co's Days Inventory for the quarter that ended in Jun. 2026 is calculated as:

Days Inventory (Q: Jun. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2026 ) + Total Inventories (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (213.20660209 + 234.21036576) / 2 ) / 67.743715715*365 / 4
=223.708483925 / 67.743715715*365 / 4
=301.33

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 301.33 mean?
Tianjin Meiteng Technology Co (SHSE:688420) has a Days Inventory of 301.33 as of Jun. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Tianjin Meiteng Technology Co and its competitors. This is near median its historical median of 280.01. Over the past decade, Tianjin Meiteng Technology Co's Days Inventory has ranged from 236.16 to 353.83. According to the industry distribution chart, Tianjin Meiteng Technology Co ranks #2671 out of 2979 companies in the Industrial Products industry, placing it in the top 89.7%.
Is Tianjin Meiteng Technology Co's Days Inventory too high?
Tianjin Meiteng Technology Co's current Days Inventory of 301.33 is near median its 10-year median of 280.01. Over the past 10 years, this metric has ranged from a low of 236.16 to a high of 353.83. The Industrial Products industry median Days Inventory is 118.62. Tianjin Meiteng Technology Co's value of 301.33 is 154% above this industry median. Based on the distribution chart, Tianjin Meiteng Technology Co ranks #2671 out of 2979 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Tianjin Meiteng Technology Co has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Tianjin Meiteng Technology Co's Days Inventory compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Tianjin Meiteng Technology Co ranks #2671 out of 2979 companies for Days Inventory. This places Tianjin Meiteng Technology Co in the lower half of its industry. The industry median Days Inventory is 118.62. Tianjin Meiteng Technology Co's value of 301.33 is 154% above this benchmark. Historically, Tianjin Meiteng Technology Co's own Days Inventory has ranged from 236.16 to 353.83 over the past decade. While the company's 10-year median is 280.01 vs. the industry median of 118.62, Tianjin Meiteng Technology Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for an Industrial Products company?
The median Days Inventory among Industrial Products companies is 118.62, based on 2,979 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tianjin Meiteng Technology Co's current Days Inventory of 301.33 is 154% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Tianjin Meiteng Technology Co and its competitors. For the Industrial Products industry, the median Days Inventory is 118.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tianjin Meiteng Technology Co's current Days Inventory is 301.33, which is near median its own 10-year median of 280.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tianjin Meiteng Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Tianjin Meiteng Technology Co (SHSE:688420) is currently considered Fairly Valued. The stock's GF Value™ is ¥19.86, compared to a current price of ¥20.50 — trading 3.2% above its estimated fair value. The current Days Inventory is 301.33, which is near median its 10-year median of 280.01 and 154% above the Industrial Products industry median of 118.62. Tianjin Meiteng Technology Co's overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Tianjin Meiteng Technology Co (SHSE:688420), the current Days Inventory is 301.33 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tianjin Meiteng Technology Co (SHSE:688420) Overvalued in 2026?

Based on GuruFocus' analysis, Tianjin Meiteng Technology Co stock appears to be overvalued. The current stock price of ¥20.50 is trading 3.2% above its estimated GF Value™ of ¥19.86. GuruFocus considers Tianjin Meiteng Technology Co to be Fairly Valued.

Key valuation signals for SHSE:688420:

  • Days Inventory: 301.33 (near median its 10-year median of 280.01)
  • GF Value™: ¥19.86 vs. price of ¥20.50 (3.2% above fair value)
  • GF Score™: 81/100 with 4 warning signs
  • Industry Position: 154% above the Industrial Products median (#2671 of 2979)

No single metric tells the full story. See the SHSE:688420 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tianjin Meiteng Technology Co Business Description

Address South of Zhongbin Avenue, Room 137, 1st Floor, Building 8, Ecological Construction Apartment, Sino-Singapore Ecological City, Binhai New Area, Tianjin, CHN, 300467
Tianjin Meiteng Technology Co Ltd is engaged in the research and development, design, manufacturing, and sales of two core products: intelligent equipment and intelligent systems, and instruments.
81GF Score

Get the complete analysis for SHSE:688420

Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥20.50
Price
¥19.86
GF Value